How to differentiate Inward supply with Supply of services?
What is Inward supply? How does Supply of services work under GST regime? What are the difference between Inward supply and Supply of services?
Under GST system, the following information explains about Inward supply and Supply of services.
“Inward supply” in relation to a person, shall mean receipt of goods or services or both whether by purchase, acquisition or any other means with or without consideration; Every registered person, other than an Input Service Distributor or a non-resident taxable person or a person paying tax under the provisions of section 10 or section 51 or section 52, shall verify, validate, modify or delete, if required.
The details about Inward supply and Supply of services with simple language from GST terms have been mentioned in this web blog separately. I suggest you to read these articles on Inward supply and Supply of services, so as to enable you to have a clear idea on these shipping terms.
For your immediate reference, we give below web links on Inward supply and Supply of services separately below. You may kindly read the below links to know more about Supply of services and Inward supply.
Meaning of term Inward supply under GST
supply of services under GST
The above information easily explains about Supply of services and Inward supply.
I hope, you have satisfied with the difference between Inward supply and Supply of services explained above. Do you have different thought on difference between Supply of services and Inward supply?
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